Investing.com — Wizz Air shares dropped 6.8% on Wednesday following the release of its September 2024 traffic figures. The company also held its Capital Markets Day.
The low investor sentiment was likely driven by concerns surrounding a decline in load factors in September, as well as fleet growth and profitability challenges.
In its September traffic update, Wizz Air reported carrying 5.76 million passengers, marking a 3.9% year-on-year increase, while seat capacity rose 4.8% to 6.28…
